OVINGHAM 5082
State: SAPosiProp AI Investment Summary
OVINGHAM (SA 5082) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.9% and has experienced a 12-month capital growth of Up 27.0%, with a median house buy price of $965,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$840,000
$940,000
$1,810,000
$965,000
Suburb Market Profile
Last month Ovingham had 7 properties available for rent and 2 properties for sale. Median property prices over the last year range from $965,000 for houses to $470,000 for units. If you are looking for an investment property, consider houses in Ovingham rent out for $750 PW with an annual rental yield of 2.9% and units rent for $490 PW with a rental yield of 4.2%. Ovingham has seen an annual compound growth rate of 27.0% for houses and -16.8% for units.